Template - Last Will & Testament

A Will is a legal document that clearly sets out your wishes for the distribution of your assets after your death. Having a clear, legally valid and up-to-date Will is the best way to help ensure that your assets are protected and distributed according to your wishes.

Studies show that on average 45% of Australians do not have a current Will. If you die without a Will no-one knows who you wanted as your beneficiaries, or who you wanted as your executor (the person or organisation you nominate to administer your estate upon your death). Your assets will be distributed according to a set formula with certain relatives receiving a defined percentage of your assets, despite what you may have wished.

A template of a Last Will and Testament is below. 

While having a will in place is an important step in planning your estate, there are other issues to consider at the same time; such as having a general or enduring power of attorney in place in the event you are unable to make financial decisions yourself, and an enduring power of guardianship or advance care directive for medical and lifestyle decisions.

Please contact our office for more details or if any assistance is required. 


Disclaimer

This is not advice. Items herein are general comments only and do not constitute or convey advice per se. The information contained in these articles is for guidance only and should not be relied upon without obtaining professional advice having regard to your direct circumstances.